Search For "global capability centres"
India's office leasing market set to touch historic high of 70 mn sq ft ,
Updated : 1 year, 5 months ago IST
Bengaluru continues to lead office space absorption, accounting for 30 per cent of total leasing from January to September 2024, followed by Delhi-NCR and Hyderabad with 14 per cent each, Chennai with 13 per cent, and Mumbai and Pune contributing 12 per cent each.
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India's position as "GCC Capital of the World": Nasscom & Zinnov study
Updated : 1 year, 6 months ago IST
The total number of Global Capability Centres (GCCs) in India crossed the number of over 1,700, and the revenue of GCCs rose to USD 64.6 billion in the financial year 2024, a report jointly released by Nasscom and consulting firm Zinnov said, terming the country the "GCC Capital of the world
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After Bengaluru, Hyderabad emerges as second preferred destination for BFS
Updated : 1 year, 6 months ago IST
After Bengaluru, Hyderabad is slowly emerging as the second preferred city for BFSI companies who are looking to establish Global Capability Centres (GCCs) or expand their operations in India, talent solutions provider Careernet observed in its report.
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Embassy REIT Leases 1.9 Million Square Feet in Q1 FY2025, up 70 per cent Y
Updated : 1 year, 7 months ago IST
Bengaluru (Karnataka) [India], July 26: Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, reported results today for the first quarter ended June 30, 2024.
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Karnataka to remain driving force behind India's GCC Industry: IT Minister
Updated : 1 year, 8 months ago IST
Karnataka IT Minister Priyank Kharge said that the state has been the leading force in India's digital revolution, with (Global Capability Centres) GCCs serving as a key driver for the state's growth trajectory.
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"Demographic dividend and labour reforms will drive future growth": Labour
Updated : 1 year, 8 months ago IST
At an event jointly hosted by the Confederation of Indian Industry (CII) and the Employers' Federation of India (EFI) on Friday, she said, "Our demographic dividend and labour reforms will drive future growth. Now, India's GDP is about USD 3 trillion and is expected to reach USD 33 trillion
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GCCs drive office leasing in India, 37 pc share across top 9 cities in H1
Updated : 1 year, 8 months ago IST
The CBRE's report noted that the overall office leasing deals remained strong in the country, with gross office leasing touching 32.8 million sq. ft. during Jan-Jun' 2024. This was an increase of 14 per cent year-on-year basis across the top nine cities of India.
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Indian office market is on the path to become "Office to the World": JLL r
Updated : 1 year, 8 months ago IST
The report stated that the country stands at an inflection point where India's office markets are expected to move ahead given the tailwinds in the global and domestic economy conditions and India's standing as the "office to the world".
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Green-certified buildings dominate office market space with 3/4th share in
Updated : 1 year, 9 months ago IST
India's Grade A office stock expanded by 164.3 million square feet of new buildings during the period, according to JLL.
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India's data centres capacity poised to double every couple of years: CBRE
Updated : 1 year, 9 months ago IST
Anshuman Magazine, who heads India operations besides South-East Asia, Middle East, and Africa, for commercial real estate services and investment firm, CBRE, spoke to ANI, here in New Delhi, where he shared his views on wide range of topics, including data centre trends in India, rising 'gh
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Leasing by GCC in India surge approx. 17 pc YoY, recording 22.5 mn. sq. ft
Updated : 1 year, 9 months ago IST
According to the press release, this growth, recorded from April 2023 to March 2024, was largely driven by the Engineering and Manufacturing (E&M), Banking, Financial Services and Insurance (BFSI), and technology sectors.
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India emerges as offshoring hub with growth in office leasing: Knight Fran
Updated : 1 year, 11 months ago IST
The report highlights that Indian Offshoring market has evolved itself as a significant occupier in India's office space with leasing over 46% of office space in 2023. In India the Global Capability Centres (GCCs) emerged as the primary offshore occupier.
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